ALP treats all shareholders like water fish with endless PP and RI...with so many poor business decision as all businesses lost money except for power plant.
Current price can bet some as historical low with mkt cap of just RM 400m. Let say local business still bleeding RM 50m per year, still got RM 100m profit from power plant.
Better ALP not doing anything and retire and sell all businesses and just keep the power plant will do. With this, even you put a monkey as CEO of Jaks, company also can make RM 150m profit....
I suspect @SomaCruz89 is either own a huge number of Jaks, or, being paid to say good about Jaks, or, relative of Jaks owners. Just take it privatize easier. Don't keep listing since cannot perform. Some conned stocks still can goreng up. This one totally OKU. ---------------- SomaCruz89 That is not a bad news for a long term
PP, right issue, PP, right issue then consolidate. Same pattern seen in those kind of stocks. People not learn. "Hope" is not suitable in stock. "Hope" is kind of miracle. "Hope" in stock is a designed for loss.
somacruz, since you have chosen to leave, why still so concern about the group. If you wish to get back in, please contact Ah Seng. Except those who followed DK's exit plan, everyone is losing money only more or less. Those who cut loss earlier are less sad than those still holding until now. 五十步无需笑一百步。
@sslee, that is a risk of investing at lousy mgt that investors need to know. All those promising calculation by some really made a lot investors who lost heavily.
At current mkt cap of RM 400m, i will bet small. Has the kitchen sinking exercise almost done in you view?
At this price is very tempting. Someone is pushing down the price for big boss to collect PP cheaply. Once PP is over then price will be pushed up for big boss to sell and the cycle repeat again.
This year power play : Toyoven - price goes up from 60 sen to RM 1.40 in few month times YTL Power - price goes up from 66 sen to 85 sen jaks - price at historical low. Current mkt cap = RM 400m. Power plant share of profit RM 150m per year + LSS4 profit (COD by 2nd quarter 2023) minus local business losses.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
21,007 posts
Posted by speakup > 2 months ago | Report Abuse
Andy will only push up after u sell